1111 W UNIVERSITY Drive 2012, Tempe, AZ 85281

$300,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 896 Lot Size (sq. ft.): 90 Status: Active
Current Price: $300,000 Last Modified: 8/11/2026

Overview

Description

**ATTENTION INVESTORS! Tenant occupied at $2,500 per month through 7/31/27!** All furniture included in sale! New water heater (2025)! The modern kitchen boasts a sleek SS fridge and dark gray cabinets. The primary bedroom features a huge walk-in closet! Step outside to the relaxing balcony retreat. Inside laundry room! The community, designed by architect Will Bruder, offers amenities such as a beautiful community pool & spa, BBQ, private gym, gated underground parking & pedestrian entry. Large gated storage unit included in parking garage! Located near ASU Tempe Campus, Mill Ave's vibrant entertainment & dining scene, Whole Foods, Sky Harbor Airport, & major freeways 202, 143, and I-10. HOA ALLOWS STR & includes water, sewer, & trash!

Listing Details MLS# 7065309

Location, Tax & Legal

House Number
1111
Compass
W
Street Name
UNIVERSITY
St Suffix
Drive
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
5064
Country
US
County Code
Maricopa
Assessor Number
124-61-191
Subdivision
VALE CONDOMINIUMS
Tax Year
2025
Unit #
2012
Assessor's Map #
61
Legal Description (Abbrev)
LOT 2012 VALE CONDOMINIUMS MCR 067448
Assessor's Parcel #
191
Tax Municipality
Tempe
Taxes
1669

Contract Information

Type
Exclusive Right To Sell
Ownership
Condominium
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Apartment
Dwelling Styles
Stacked
Exterior Stories
3
# of Interior Levels
Yes
# Bedrooms
Yes
Full Bathrooms
Yes
Total Bathrooms
Yes
Approx SQFT
896
Price/SqFt
334.82
Horses
N
Builder Name
BECK DEVELOPMENT
Year Built
2005
Approx Lot SqFt
90
Community Pool Y/N
Yes
Private Pool Y/N
No
Fireplace YN
No
Elementary School District
Tempe School District
High School District
Tempe Union High School District
Elementary School
Holdeman Elementary School
Jr. High School
Geneva Epps Mosley Middle School
High School
Tempe High School
Half Bathrooms
0
Approx Lot Acres
0

Remarks Misc

Cross Street
Priest & University
Directions
From Mill Ave, W on University Dr to property on S side of street.

Legal Info

Township
1N
Range
4E
Section
21
Lot Number
2012

Architect

Architect
Will Bruder

More Information

Basement

Basement Y/N
N

Items Updated

Plmbg Yr Updated
2025
Plmbg Partial/Full
Partial

Parking Spaces

Garage Spaces
Yes
Total Covered Spaces
Yes
Slab Parking Spaces
0

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Email
Yes
Phone Call
Yes

Special Listing Cond

N/A
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes

Roofing

Built-Up
Yes
Foam
Yes

Association & Fees

HOA Y/N
Y
HOA Disclosure/Addendum Affirmation
No
HOA Transfer Fee
0
HOA Fee
558.88
HOA Paid Frequency
Monthly
HOA Name
Vale Condominium
HOA Telephone
602-437-4777
HOA Management Company
City Property Mgmt
Special Assessment HOA
No
HOA 2 Y/N
N
PAD Fee Y/N
N
Cap Improvement/Impact Fee
995.46
Cap Improvement/Impact Fee $/%
$
Cap Improvement/Impact Fee 2
0
Cap Improvement/Impact Fee 2 $/%
$
Prepaid Association Fees HOA
995.46
Disclosure Fees HOA
300
Other Fees HOA
0
Land Lease Fee Y/N
N
Rec Center Fee Y/N
N
Rec Center Fee 2 Y/N
N
Ttl Mthly Fee Equiv
558.88

Lockbox Type

None
Yes

Architecture

Contemporary
Yes

Master Bathroom

Full Bth Master Bdrm
Yes

Additional Bedroom

Master Bedroom Walk-in Closet
Yes

Flooring

Carpet
Yes
Tile
Yes

Window Features

Mechanical Sun Shds
Yes

Community Features

Biking/Walking Path
Yes
Clubhouse/Rec Room
Yes
Community Spa
Yes
Community Spa Htd
Yes
Gated
Yes
Near Bus Stop
Yes
Near Light Rail Stop
Yes
Workout Facility
Yes

Dining Area

Eat-in Kitchen
Yes

Heating

Electric
Yes

Kitchen Features

Dishwasher
Yes
Disposal
Yes
Electric Oven
Yes
Built-in Microwave
Yes
Refrigerator
Yes
Electric Cooktop
Yes

Cooling

Ceiling Fan(s)
Yes
Programmable Thmstat
Yes
Central Air
Yes

Interior Features

9+ Flat Ceilings
Yes
Fire Sprinkler System
Yes
No Interior Steps
Yes
Furnished(See Rmrks)
Yes

Laundry

Washer Included
Yes
Dryer Included
Yes
Stacked Washer/Dryer
Yes
Inside
Yes

Other Rooms

Family Room
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Technology

Cable TV Avail
Yes
High Speed Internet
Yes

Fencing

Other
Yes

Water Source

City Water
Yes

Community Pool Features

Fenced
Yes
Outdoor
Yes

Exterior Features

Balcony
Yes
Covered Patio(s)
Yes
Storage
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

Parking Features

Assigned Parking
Yes
Community Structure
Yes
Separate Strge Area
Yes
Garage Door Opener
Yes
Gated
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
1031 Exchange
Yes

Plumbing

Electric Hot Wtr Htr
Yes

Utilities

APS
Yes

Existing 1st Loan

Conventional
Yes

Landscaping

None
Yes

Services

City Services
Yes

Unit Style

All on One Level
Yes
Two Common Walls
Yes
Neighbor Above
Yes
Neighbor Below
Yes
End Unit
Yes
Street Facing
Yes

Disclosures

Vicinity of an Airport
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

Exterior Mnt of Unit
Yes
Blanket Ins Policy
Yes
Water
Yes
Sewer
Yes
Garbage Collection
Yes
Common Area Maint
Yes

Assoc Rules/Info

Pets OK (See Rmrks)
Yes
Rental OK (See Rmks)
Yes
VA Approved Prjct
Yes
Prof Managed
Yes

Property Features

Special Listing Cond: N/A Architecture: Contemporary Master Bathroom: Full Bth Master Bdrm Additional Bedroom: Master Bedroom Walk-in Closet Flooring: Carpet; Tile Window Features: Mechanical Sun Shds Community Pool Features: Fenced; Outdoor Spa: None Community Features: Biking/Walking Path; Clubhouse/Rec Room; Community Spa; Community Spa Htd; Gated; Near Bus Stop; Near Light Rail Stop; Workout Facility Dining Area: Eat-in Kitchen Kitchen Features: Electric Oven; Electric Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator Laundry: Washer Included; Dryer Included; Stacked Washer/Dryer; Inside Other Rooms: Family Room Interior Features: 9+ Flat Ceilings; Fire Sprinkler System; No Interior Steps; Furnished(See Rmrks) Technology: Cable TV Avail; High Speed Internet Exterior Features: Balcony; Covered Patio(s); Storage Parking Features: Assigned Parking; Community Structure; Garage Door Opener; Gated; Separate Strge Area Construction: Block Const - Finish: Painted Roofing: Built-Up; Foam Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: APS Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Other Landscaping: None Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Possession: Close of Escrow Unit Style: All on One Level; Two Common Walls; Neighbor Above; Neighbor Below; End Unit; Street Facing Association Fee Incl: Exterior Mnt of Unit; Blanket Ins Policy; Water; Sewer; Garbage Collection; Common Area Maint Existing 1st Loan: Conventional New Financing: Cash; VA; Conventional; 1031 Exchange Disclosures: Vicinity of an Airport
IDX
Listing Office: Weichert, Realtors - Courtney Valleywide
Last Updated: August - 11 - 2026
Broker Attribution: 480-705-9600
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
Search powered by FBS Products